5 Reasons Leasing Your Equipment is the Right Choice for Your Business.

Here are five compelling reasons why lease-to-own financing with EquipEASE Lease Co. might be your optimal choice:

1. Easier Access to Capital:

Leasing takes a forward-looking approach, considering the future impact of the equipment you plan to purchase on your cash flow. In contrast, banks typically rely on historical financials for lending decisions. Leasing companies, in some cases, may not even require financials for amounts under $250,000 OAC (On Approved Credit).

2. Speed to Market:

Unlike the lengthy decision-making processes of banks, leasing companies can swiftly approve financing, often within a few hours, with a total deal turnaround typically under two weeks. Time is money, and leasing allows you to start generating revenue faster.

3. Stability and Control:

Once a lease is signed, there are no ongoing reporting requirements or financial tests to maintain the lease's good standing. This stands in stark contrast to bank loans, which are subject to reviews and financial ratios, exposing business owners to potential credit line reductions or loan recalls. Leasing provides a stable financing solution, allowing you to concentrate on managing and growing your business.

4. Maximize Cash on Hand:

For many businesses, cash is a precious resource. Leasing often offers up to 100% financing, preserving valuable cash for urgent needs or saving for unforeseen circumstances. The financed amount can even cover soft costs like installation, delivery, and specialized configurations (e.g., software, attachments, warranties).

5.More Lender Options:

Business owners aren't limited to a single institution or bank for debt and financing options. Numerous lenders may find your business desirable, and working with multiple lenders simultaneously might be advantageous. A professional finance brokerage has a network of lenders ready to compete for your business.

Feel free to speak with one of our finance specialists today to learn more about why leasing your equipment is the right choice for your business. Whether you are in the Agriculture, Transportation, Construction, Oil & Gas, Logging, Mining, Dental, Medical, or Food Service Industry, we have you covered.

Call or email, for a complimentary consultation to determine if leasing is the right fit for your needs!

Call us at 1-844-369-6567

Email us at info@equipease.ca

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